THE TRUTH ABOUT EQUITY INDEX ANNUITIES
For example, an annual cap of 5% means that if the market index returns more than 5% in a single year, the Index Annuity will only receive 5% interest for that year. Conversely, a monthly cap of 2% means that the monthly gain will be limited to 2% in a given month meaning, theoretically, a potential maximum of 24% (but don’t count on that ... ................
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